Sunday, April 26, 2020

US market keep marching to its own drum.....

Now we are in the week of major earnings report, most will do as expected, some will exceed and some will miss......

Future guidance may not be as bad as expected as we are ready to open most economic activity starting in May, so it will be 1 full month June of activity.....

Market always looks ahead, so be wary of 48 hours view of some pundits...

We have almost seen the low point, so its gradual move up to full blast starting in July 2020...

China is well ahead of the world and is already open for full business, China is the one supplying majority of the mask for entire world already.....

Macau is in business

Las Vegas is rolling the dice

Georgia........

There is great optimism for North America opening up sometimes in May.....

SO..lets gear up and position for near term improvement from abyss.....

On a side note, it is year 14 for this BLOG, started this BLOG on April 15th, 2007......til this date have written 7,189 BLOG.......

Reach of this BLOG is worldwide and have daily visitors from @ least 15 countries, majority of my audience is in USA...so a huge thank you.....I did go to University Of Hawaii and met my wife from Nepal there on US East West Center 4 years all paid Scholarship.

My entire family, 4 brothers & 2 sisters with their children,  plus my mother live in USA.

Second most visitors are from Europe and they keep taking turns with most from Russia, Ukraine, UK, Germany, France, Portugal, Ireland and yes Canada always ties in 3rd place.....so a huge thank you for all nationalities all the way to Africa.....China, Hong Kong, India figure prominently....

I sincerely hope that my effort is worthy of your time and please keep visiting!

BLOG does NOT give buy or sell.

Saleem

19 comments:

stocktrader_1996 said...

Hi Saleem,

Congrats on such a broad visitor base - you have been a rock through many hard times over the years!

Last week: +1.16% (YTD: +5.26%)
Notable Winners: BHVN CRWD BAND WEN GTLS
Notable Losers: PLCE WFC WDC

The market continues to be difficult with rotating winning/losing sectors from day to day. I am trying to be nimble and thoughtful, but I may be straying too far from my normal comfort zone. I plan to pare back some positions this week and wait for opportunities after some earnings are reported.

Current holdings: BHVN GTLS WEN AVGO KRA WFC HUYA ELF PLCE ASH TER, cash 0.0%

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Sold WEN @ 19.15 on meat price/supply concerns

Sold WFC @ 27.21 on questionable future profitability

Sold PLCE @ 24.88 on troubled mall dynamics

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Sold ELF @ 10.80 on unknown beauty trends in the future

Stocktrader

Stocks100 said...


Hi Stocktrader,

Last week UP 9.25%

YTD Loss 7.73%

Thanks for your appreciative note, it has been an immense pleasure to interact with you daily in trading activities.

Saleem

psrajpal said...

Hi Saleem,

Bought CGC@15.90(PreMarket) and PS@15.60 today.

Holding LVGO, BHVN, CNX, ONEM, VIR, BLPH and ALT too.

Thanks

Paramjeet

Stocks100 said...


Hi Paramjeet,

Good luck with CGC & PS...

Good luck with your portfolio!

Saleem

stocktrader_1996 said...

Hi Paramjeet,

Good to hear from you again - hope all is well!

Good luck with your portfolio!

Stocktrader

stocktrader_1996 said...

Hi Saleem,

The one stock I was going to buy today I completed missed as it was rising while I was working on my other sells. CWH seems like an obvious beneficiary of altered vacation plans going forward, likely for many years.

Stocktrader

Stocks100 said...


Hi Stocktrader,

CWH looks very good...price is not a factor..just crossed 50 & still below 200 DMA

Still a screaming buy.....

Saleem

stocktrader_1996 said...

Hi Saleem,

Bought CWH @ 8.72

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with CWH...

Saleem

stocktrader_1996 said...

Hi Saleem,

I feel a little silly with those early aggressive sells when a little patience could have yielded even more gains today, but I can't be displeased as I approach all-time highs in the portfolio.

It is never easy in the stock market...

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Sold KRA @ 10.36 to take profits

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Sold GTLS @ 35.81 to take profits

Stocktrader

Stocks100 said...


Hi Stocktrader,

I think we both nailed the timing perfect @ low of the year....

I am extremely pleased with the outcome after a dismal start.

NOW....stay long and strong!

Saleem

psrajpal said...

Hi Saleem,

Bought ETF NAIL@13.30 earlier today. With economy opening the Homebuilders and Supplier segment is bound to benefit.

Happy Trading!!

Paramjeet

Stocks100 said...


Hi Stocktrader,

Added 100% AMD @ $56.40

Saleem

Stocks100 said...


Hi Paramjeet,

Good luck with NAIL....

Saleem

stocktrader_1996 said...

Hi Saleem and Paramjeet,

Good luck with the new positions and added exposure!

Stocktrader